BOLTON HILL, UNION SQUARE, AND HANLON PARK HOUSING MARKET DATA

There was an increase in total units sold in April, with 102 sold this month in Bolton Hill, Union Square, and Hanlon Park Real Estate. This month's total units sold was lower than at this time last year.

Versus last year, the total number of homes available this month is lower by 84 units or 15%. The total number of active inventory this April was 495 compared to 579 in April 2024. This month's total of 495 is lower than the previous month's total supply of available inventory of 547, a decrease of 10%.

Last April, the median sale price for Bolton Hill, Union Square, and Hanlon Park Homes was $69,500. This April, the median sale price was $120,000, an increase of $50,500 compared to last year. The current median sold price is higher than in March.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.

In April, there was 4.9 months of supply available in Bolton Hill, Union Square, and Hanlon Park, compared to 3.6 in April 2024. That is an increase of 36% versus a year ago.

Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.

This month there were 195 homes newly listed for sale in Bolton Hill, Union Square, and Hanlon Park compared to 197 in April 2024, a decrease of 1%. There were 154 current contracts pending sale this April compared to 142 a year ago. The number of current contracts is 8% higher than last April.

In April, the average sale price in Bolton Hill, Union Square, and Hanlon Park was 101.3% of the average list price, which is similar compared to a year ago.

This month, the average number of days on market was 44, lower than the average last year, which was 52, a decrease of 15%.





FOCUS ON: BOLTON HILL, UNION SQUARE, AND HANLON PARK HOUSING MARKET			APRIL 2025

Zip Code(s): 21223, 21217 and 21216
Units Sold 102	Active Inventory 495	Median Sale Price $120,000	Days On Market 44

Down Vs. Year Ago	Down -15% Vs. Year Ago	Up Vs. Year Ago	Down -15% Vs. Year Ago


		Units Sold There was an increase in total units sold in April, with 102 sold this month in Bolton Hill, Union Square, and Hanlon Park Real Estate. This month's total units sold was lower than at this time last year.
Active Inventory Versus last year, the total number of homes available this month is lower by 84 units or 15%. The total number of active inventory this April was 495 compared to 579 in April 2024. This month's total of 495 is lower than the previous month's total supply of available inventory of 547, a decrease of 10%.
		Median Sale Price Last April, the median sale price for Bolton Hill, Union Square, and Hanlon Park Homes was $69,500. This April, the median sale price was $120,000, an increase of $50,500 compared to last year. The current median sold price is higher than in March. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 195	Current Contracts 154	Sold Vs. List Price 101.3%	Months of Supply 4.9

Down -1% Vs. Year Ago	Up 8% Vs. Year Ago	No Change Vs. Year Ago	Up 36% Vs. Year Ago


		Months of Supply In April, there was 4.9 months of supply available in Bolton Hill, Union Square, and Hanlon Park, compared to 3.6 in April 2024. That is an increase of 36% versus a year ago. Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.
New Listings & Current Contracts This month there were 195 homes newly listed for sale in Bolton Hill, Union Square, and Hanlon Park compared to 197 in April 2024, a decrease of 1%. There were 154 current contracts pending sale this April compared to 142 a year ago. The number of current contracts is 8% higher than last April.
		Sale Price to List Price Ratio In April, the average sale price in Bolton Hill, Union Square, and Hanlon Park was 101.3% of the average list price, which is similar compared to a year ago. Days on Market This month, the average number of days on market was 44, lower than the average last year, which was 52, a decrease of 15%.


	Bolton Hill, Union Square, and Hanlon Park are defined as properties listed in zip code/s 21223, 21217 and 21216.
	*Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates.
	Information included in this report is based on data supplied by BRIGHTMLS and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of BRIGHTMLS or Long & Foster Real Estate, Inc.